Shares and dividends. Funding shall not: (a) declare or pay any dividend or make any other distribution in respect of any of its shares other than in accordance with the Funding Deed of Charge; (b) issue any further shares or alter any rights attaching to its issued shares as at the date hereof; or (c) repay or redeem any of its share capital.
Appears in 15 contracts
Samples: Master Intercompany Loan Agreement, Master Intercompany Loan Agreement, Master Intercompany Loan Agreement
Shares and dividends. Funding 1 shall not:
(a) declare or pay any dividend or make any other distribution in respect of any of its shares other than in accordance with the Funding 1 Deed of Charge;
(b) issue any further shares or alter any rights attaching to its issued shares as at the date hereof; or
(c) repay or redeem any of its share capital.
Appears in 1 contract
Samples: Intercompany Loan Terms and Conditions (Permanent Mortgages Trustee LTD)
